Ping An-backed Chinese online lender Lufax plans $5b HK IPO in 2016

Ping An-backed Chinese online lender Lufax plans $5b HK IPO in 2016

Visual from Lufax website

Chinese online lending platform Lufax, backed by the country’s second largest insurer Ping An Insurance Group Co of China Ltd, plans a Hong Kong initial public offering worth up to $5 billion in 2016, people familiar with the plans said on Thursday.

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